Texas Baptist Childrens Home Inc

Analysis

Texas Baptist Childrens Home Inc is a registered charity in United States, based in Round Rock, TX. It received its IRS tax-exemption ruling in January 2002, 24 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Texas Baptist Childrens Home Inc reported income of $5.1m and spending of $4.3m, spending 84% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.5m to $5.1m (+45%), an average of +9.8% a year. The sharpest change came in the year to December 2023, when income rose by 33%. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Texas Baptist Childrens Home Inc sits at the 91st percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 94th percentile within TX. Charities of a similar size with the same main cause include Reed Next Inc ($5.1m), Feednc ($5.1m) and Common Market Philadelphia Inc ($5.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% and program service revenue 0.4% of the total. Compensation of current officers, directors and key employees was $214k (5.0% of expenses). Other salaries and wages came to $1.8m. At year end it held assets of $5.6m against liabilities of $419k, net assets of $5.2m. It reported 48 employees.